We compare the structure of the financial sectors of the EU27, Japan and the United States, looking at a set of 23 … classified as market-based (MBEU) and the third group is more bank-based (BBEU). We compare US, MBEU, BBEU, Eastern EU and Japan …, MBEU countries are closer to the (market-based) US, while BBEU countries more closely resemble Japan. Paradoxically …

Finanzmarkt her. Empirisch lässt sich zeigen, dass in Japan die "alten" internen Institutionen auf dem Finanzmarkt auch nach der …Despite the fact that the last century was characterized by an impressive increase of cross-border capital flows, Japan … international financial market integration as an important instrument for increasing economic productivity. Japan, however, remains …